Intermediate Accounting, 17e Rockford Practice Set
17th Edition
ISBN: 9781119621133
Author: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Publisher: WILEY
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Financial Accounting
You're analysing Stratos Inc. for a potential investment. For the
upcoming year, an analyst has provided the following estimates:
•
Net income $400 million
•
•
•
Depreciation $180 million
=
Net interest after tax = $60 million
Change in deferred taxes = +$20 million
•
.
Capital expenditures (CAPEX) = $300 million
Change in net working capital = +$40 million
What is the estimated free cash flow (FCF) for Stratos Inc.?
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